Pound Sterling Price News and Forecast: GBP/USD dwindles and falls to 1.2320s on US data
GBP/USD surrenders 1.2400 and drops towards the 1.2310 regions amid a mixed mood trading session, as US equities fluctuate between gainers/losers. Nevertheless, the American Dollar (USD) is losing traction and edging lower, capping the GBP/USD’s fall. At the time of writing, the GBP/USD is trading at 1.2320 after hitting a high of 1.2413. Read More…
The GBP/USD pair attracts some sellers following an early uptick to the 1.2415 area and turns lower for the second successive day on Tuesday. Spot prices retreat further from the highest level since June 2022 touched on Monday and drop to the 1.2300 round-figure mark, or a four-day low during the first half of the European session. Read More…
GBP/USD grinds near 1.2380-85 as bulls flex muscles ahead of the key UK activity data heading into Tuesday’s London open. Even so, looming concerns over the Brexit and the UK tax, as well as sluggish markets, challenge the Cable pair buyers as of late. Read More…